Insiders at Curtiss Wright (CW) Make Significant Stock Sales Extends the Trend of Last Quarter

There was a significant level of insider selling revealed today in filings with the SEC for Curtiss Wright. Two insiders — Glenn E Tynan, Officer, and Tom P Quinly, Officer — disposed of 20,695 shares in the company for approximately $2,836,895. There have been 7 insiders with buy/sell transactions in the past 90 days prior to these filings. These trades have resulted in the acquisition of 636 company shares and the disposition of 3,000 company shares over this time period. Adding the most recent activity to this 90-day history indicates insider trades have been net sales of 23,059 shares and have averaged 2,703 shares per transaction over this time period.

Insiders at Curtiss Wright have a higher number of buy/sell transactions than the 15-peer company average over the last 90-day period. However, the number of shares per average transaction for Curtiss Wright insider buy-sell trading is very close to the average of the Aircraft Parts Manufacturing peer group of companies. This peer group saw 7,058 shares purchased and 39,908 shares sold resulting in an average of 3,355 shares traded and netting out with company insiders having sold 2,346 shares on average.

The data obtained in evaluating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.